his goal as you saw from the election is raise energy tax noindle class not something mentioned during the campaign. >> we look at a fiscal crisis here and a fiscal cliff. most people are saying this is serious and we got to have serious negotiations and everything has to be on table. but you seem to be resisting that. what do you think happens if the fiscal cliff happens as a reality and this economy goes over the cliff? >> well two things. the fiscal cliff is a tax increase of $500 billion. we had exactly the same scenario two years ago that we have today obama huffed and puffed and threatened to let us go off the fiscal cliff and at the end of the day cooler heads prevail and all of the tax cuts were continued for two years. in 2011 obama said the world would end we should pass around smelling salts because he wanted to raise the debt ceiling. we got a debt ceiling agreement, great compromise, we had spending, didn't raise tax, didn't cut spending as much as the republicans wanted, the ryan plan would have reduced obama's overall spending by 6 trillion. we got 2.5 trillion in restra